Today's Flooring News

Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.

Official Recession Ended June 2009

Washington, DC, Sept. 21, 2010--The Great Recession that began in December 2007 ended in June 2009, according to the National Bureau of Economic Research.

NAM Economist Sees Economy Slowly Improving

NAM Economist Sees Economy Slowly Improving

Washington, DC, Sept. 20, 2010--Last week’s economic reports again were modestly on the positive side, according to Dave Huether, chief economist for the National Association of Manufacturers.

Builder Lennar Swings To Profit

Builder Lennar Swings To Profit

Miami, FL, Sept. 20, 2010--Home builder Lennar Corp. reported income of $30 million, or $0.16 per share, for the three months ended Aug. 31, compared to a loss of $171.6 million, or $0.97 a share, a year earlier.

Builder Confidence Remains Low in September

Builder Confidence Remains Low in September

Washington, DC, Sept. 20, 2010--Homebuilders confidence in September unexpectedly held to the lowest level in more than a year, according to the National Association of Home Builders/Wells Fargo index.